BANGALORE, India, Dec. 8, 2016 /PRNewswire/ -- SmartOwner, India's first and largest online marketplace for property investors, has announced the launch of a new premium apartment opportunity. This is the 15th in a series of real estate opportunities offered on smartowner.com. The company's unique technology-based model, offered through an online platform, enables buyers to develop a portfolio of thoroughly vetted properties.
Founded by Silicon Valley veterans, SmartOwner aims to make Indian property ownership a safe and profitable experience. SmartOwner offers carefully curated properties from the fastest-growing cities of India, in the best locations within those cities and from the top developers. Each project comes with a title opinion from a top law firm and is offered only after passing rigorous due diligence. For added security and transparency, all transactions take place through an escrow account at a leading bank.
After a holding period, the client may opt to resell the property through SmartOwner's marketing subsidiary. The company's innovative approach has made it possible for clients to earn reliable profits in a hassle-free manner. In the nine projects that SmartOwner has launched and exited, clients have earned an average annual return of 25.65%.
Owing to the large volume of transactions on its platform, SmartOwner can offer substantial discounts on each project. In the case of the new launch, the SmartOwner price is just ₹3,500 per square foot, whereas the market price is ₹5,400 per square foot. This represents an upfront gain of 54%.
The new development is strategically located in the bustling IT hub of Whitefield, along the established residential corridor of Whitefield-Kadugodi Road. Within five minutes of the project are Hope Farm Junction, Old Madras Road and an upcoming Metro station. Within ten minutes are major tech parks and multinational corporate hubs such as ITPL and the Whitefield-EPIP Zone. The surrounding area features numerous restaurants, multiplexes, malls, entertainment facilities, educational institutions, and multispecialty hospitals.
With more than 75% open space, the project will feature extensive parks and lush landscaping. Premium specifications and outstanding amenities, such a clubhouse, swimming pool, tennis facilities and jogging track, offer a resort lifestyle. Units are available in a variety of sizes and configurations.
"Just as a stock market investor would look for a fast-growing company whose shares are inexpensive, an astute real estate buyer should look for property in a location that has rapid growth but low prices. In this regard, Bangalore offers unmatched opportunity. This new project in Whitefield is especially promising because of the area's combination of low current prices, rapidly growing population, and proliferation of high-paying white-collar jobs," said Vikram Chari, founder and CEO, SmartOwner.
More details on this project are available at http://smartowner.com/prk.
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